As to the support for the lower leagues it feels to me like this is a big sum right now, (in the current situation) which will be highly attractive. I would fear for what would happen in the medium term future.
This proposal is nothing but centring power, and money, around half a dozen clubs. As far as I'm concerned they can clear off to a European Super League and let English football reset itself.
I'm amazed that Rick Parry is supporting this. For any sense on the matter Andy Holt, (Chairman at Accrington ) is always sound to read.